Published on : Wednesday, March 1, 2017
The US wishes to host the 2026 World Cup, but due to President Trump’s travel ban, it could be in jeopardy. According to Aleksander Ceferin, a top European soccer official, “If players cannot come because of political decisions, or populist decisions, then the World Cup cannot be played there. It is true for the United States, but also for all the other countries that would like to organize a World Cup.”
No doubt, hosting a colossal event like the World Cup would be a great economic boost for the US. It has big arenas for hosting such global events. It would be a huge boon for the US tourism. In 2014, more than 1 million foreign visitors traveled to Brazil for the World Cup. Many more than that would attend a World Cup in the U.S. And every penny they spend, in addition to stimulating the economy, would cut the trade deficit. With recent implementation of Trump’s travel policy, it’s seriously threatening to throw that trade balance out of track.
The US as a destination appeals to many. In 2015, there were 78 million international arrivals to the U.S. and 74 million American departures, which were mainly cross-border travels to Mexico and Canada. Travel and tourism account for about one-tenth of all exports, and America is the world’s leading export of international tourism and travel. The US has a huge competitive advantage when it comes to selling tourism. There are options for people of all budgets and it’s relatively easy to get around America. Tourism supports millions of jobs in the country. Under such circumstances, the U.S. industry lost $185 million in bookings in the first week after the travel ban. Online travel sites are reporting that searches for travel to the U.S. have fallen sharply.
Tags: US Tourism at risk